Posts Tagged ‘high ticket interchange’
MC Large Ticket Interchange Program
Business Large Ticket I Debit 1.25% + $40.00 Business Debit card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $7,255 and $24,999.99 Business Large Ticket II Debit 1.25% + $40.00 Business Debit card transactions, accepted at non-T&E locations, level III data submitted, transaction amount between $25,000 and $100,000. Business Large Ticket…
Read MoreHigh Ticket Interchange Program
If you receive large ticket credit card orders from clients, the High Ticket Interchange Program can significantly reduce your transaction cost. Visa Purchasing Card-Non GSA/Corporate transaction greater than or equal to $8,725 ( 1.45% +$35.00 ) Large Ticket Advantage Only Card Not Present Transactions $10,000.01 – $25,000 …
Read MoreHow to Reduce your transaction cost for accepting commercial cards
Passing Level-2 and Level-3 Detail on the commercial, corporate, fleet, purchasing and government cards your accepting can reduce your transaction cost by 40%. Savings is further enhanced for: GSA transactions $5,984.61> Interchange is 1.20% + $39 Non GSA $8,725> Interchange is ( 1.45% +$35.00 ) this varies whether it’s a V/MC Which qualify for Large…
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